Gelonghui, March 26, 丨 Asia United Infrastructure Holdings (00711.HK) and Yaju Investment Holdings (08426.HK) jointly announced that the share offer ended on March 26, 2024. The offeror did not amend or extend the share offer.
At 4:00 p.m. on March 26, 2024, the offeror received valid acceptance of a total of 213,779,500 shares of the offer under the share offer, which is equivalent to approximately 26.72% of the company's total issued share capital on the date of this joint announcement.
Immediately after the end of the share offer, after taking into account the effective acceptance of 213,779,500 shares of the offer under the share offer and the share registrar's formal registration of the transfer of the shares in question, on the date of this joint announcement, the offeror and those acting in concert had interests in a total of 687,649,500 shares, accounting for 85.96% of the total issued share capital of the company; while the offender and those acting in concert (including R5A) held an interest in a total of 767,649,500 shares 95.96% of the total issued share capital of the company .
Immediately after the end of the share offer, 32,350,000 shares (accounting for about 4.04% of the total number of shares issued on the date of this joint announcement) will be held by the public after the share registrar officially registers the transfer of the offer shares purchased by the offender in accordance with the share offer. As a result, as of the date of this joint announcement, the company failed to comply with the 25% minimum public shareholding requirement set out in section 11.23 (7) of the GEM Listing Rules.